Catering Equipment Supplier for 38 years- An “Icon” in Sydney

UNDER OFFER!- This iconic business  has been an important part to just about all restaurants, cafes, bars and all hospitality businesses in Sydney who have bought their products- tableware; kitchen equipment; uniforms, knives and other difficult to obtain items – so essential to running any business in the hospitality industry, for more than 3 generations. They have been able to offer reasonable prices; professional and knowledgeable service plus the opportunity for a friendly chat with either staff on premises or other industry owners. And who hasn’t enjoyed the opportunity to walk around the store and find interesting, new and innovative products – all that was needed was a reason to use these new-found delights.

They are one of the most respected and experienced suppliers in this industry with an exceptional range of products all under one roof many of which are imported directly. The business is privately owned and managed by the one company since its inception and provides outstanding service to its customers via the store. They do not have a detailed website as such but there is a real contemporary commercial opportunity regarding online offering via website and other media.

KEY FEATURES:

  • Genuine reason for sale – retirement. A training and support period will be available to ensure a smooth transition and minimal disruption.
  • A trusted brand name within the Hospitality Industry in Sydney
  • Impressive and sustained sales over many years.
  • Solid and profitable business with financials and tax returns available to support the figures.
  • Same owners with business established in 1980.
  • Competent, committed, experienced and long-serving staff of 9 who have indicated a willingness to remain with the company.
  • Strong relationships with major suppliers.
  • Excellent reputation with clients for efficiency and reliability and going the extra mile.
  • A comprehensive product range.
  • NOTE: A “bolt on” of this business to an existing business with warehousing facilities will reap synergistic benefits and substantial savings relating to rent, wages etc.

                             

  • Status: Under Offer 
  • Summary: Equipment and Supplies to the Hospitality Industry 
  • Code: RNMF 
  • Sector: Non Food 
  • Type: Wholesale Supplier of Equipment and Products to Hospitality Industry 
  • Location: Sydney 
  • Sales: $4,900,000 
  • Period: Annual 
  • Net Profit: $534,000 
  • Rent: $240,000 
  • Stock: $750,000 
  • Price: $550,000 
  • Long Financials: Available for inspection 
  • Staff:
  • Lease: Short term